Sept 28th, 2011- PTA Price Continues to decrease in East China

 The PTA price continues to decrease in the overseas market. The quotations of Taiwan cargo is around 1240 dollars/ton and the downstream bidding price is around 1220 dollars/ton; while the practical discussions are around 1230 dollars/ton. The quotations of Korean cargo are around 1220-1225 dollars/ton. The downstream bidding price is around 1210 Yuan/ton. And the practical discussions are around 1220 dollars/ton.